The costs of petrol and Liquefied Petroleum Fuel (LPG) are anticipated to go up marginally from August 16, 2025. Nonetheless, that of diesel is anticipated to go down from this weekend.
That is based mostly on the outlook report that guides the pricing of the Oil Advertising Firms (OMCs) within the nation, by the Chamber of Oil Advertising Firms (COMAC).
Projected Costs at Pumps
In keeping with the report, the worth of petrol on the pumps is projected to extend by 0.39 -2.71% per liter from August 16, 2025.
LPG shall be elevated by as much as 2.34 p.c per kilogram.
Nonetheless, that of diesel shall be decreased by 0.72 p.c per litre.
Causes
In keeping with the COMAC, the blended pricing outlook has been influenced by the cedi experiencing some slight depreciation towards the US greenback.
“The speed shifted from GHC 10.68 to GHC 10.77, reflecting a 0.8% decline” the chamber identified within the report.
The Chamber of Oil Advertising Firms additionally added that the projected pump enhance aligns with international market developments, with minimal will increase anticipated for petrol and LPG.
There have additionally been some blended costs for crude oil on the worldwide market. Diesel, for example, fell sharply to five.22, whereas that of petrol and LGP rose marginally by 1.89% and a couple of.87%, probably on account of product-specific demand and provide elements.
A number of the trade gamers have argued that the current 1 cedi levy on some petroleum merchandise did impression the anticipated value enhance from August 16.
Nonetheless, the Chamber of Oil Advertising Firms has instructed JOY BUSINESS that it expects costs to be pretty steady for the following pricing window, starting September 2025.
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DISCLAIMER: The Views, Feedback, Opinions, Contributions and Statements made by Readers and Contributors on this platform don’t essentially characterize the views or coverage of Multimedia Group Restricted.
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